Dhanlaxmi hikes base rate by 25 bps to 11%

Last Updated: Monday, September 19, 2011, 14:20

The South-based private lender Dhanlaxmi Bank on Monday became the first lender to hike its lending rate following the rate tightening by the Reserve Bank last Friday.

Bank of Maharashtra likely to raise base rate by 25 bps

Last Updated: Sunday, September 18, 2011, 19:31

Pune-based public sector lender Bank of Maharashtra is likely to hike its base rate by 25 basis points from October 1, following the latest policy rate hike by the Reserve Bank of India last week.

Bank of England leaves rates on hold in September

Last Updated: Thursday, September 8, 2011, 17:34

The Bank of England left interest rates at 0.5 percent on Thursday, leaving open the option of restarting its quantitative easing programme should the economy weaken further.

Corporation bank, 3 others increase base rates

Last Updated: Monday, August 1, 2011, 10:42

State-run Corporation Bank, Indian Overseas Bank and two other lenders have raised their base rates with effect from Monday, after the RBI's larger-than-expected interest rate hike last week.

ING Vysya Bank raises base rate by 0.50%

Last Updated: Wednesday, July 27, 2011, 19:41

Private sector lender ING Vysya Bank Wednesday increased its base rate or minimum lending rate by 50 basis points in response to hefty rate revision by the RBI.

4 PSU banks raise interest rates by up to 0.50%

Last Updated: Wednesday, July 13, 2011, 20:32

As many as three state-owned banks including Oriental Bank of Commerce (OBC) and Indian Bank hiked interest rates by up to 50 basis points.

Inflation may go up further; no respite likely in interest rate

Last Updated: Wednesday, July 13, 2011, 17:14

Costlier diesel and LPG will weigh on inflation, which may further go up to 9.2- 9.7 percent in June, exerting pressure on the RBI to go in for another round of interest rate hike.